3 years ago

Raul borrows $600 at an interest rate of 8% per year for 4 years. How much simple interest will he have to pay?

1 answer:

3 0

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<h3>A = P × i × n </h3><h3>= $600 × 8% × 4 Years</h3><h3>= $192</h3><h3>= $600 + $192</h3><h3>= <u>$2,619</u></h3><h3>Raul Will Have To Pay $2,619</h3>

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